2019-07-10T10:35:26-05:00 2017-12-31 420714325 RSM US LLP 1 S Wacker Drive Ste 800 Chicago IL 60606 990 2017-01-01 364383840 St George Corporation STGE 7089234000 12251 S 80th Avenue Palos Heights IL 60463 Dr Terrence Moisan President & CEO 7089234000 2019-07-10 1 Rebekuh Eley P01247672 3126343400 108.171.133.177 2019-07-10 10:26:16 CD 1591162018284034de07 2018-10-11 P 7C605E2F418ECD3347EC446B51AB1B1A7CC4F3F2 21A2514F5EBC82AA59A188290DF04BB7E1B2C51D 2017 2019-02-21 02:37:17Z X Dr Terrence Moisan 12251 S 80th Avenue Palos Heights IL 60463 611975776 0 X N/A X 2000 IL Support Palos Community Hospital. 8 6 0 6 0 0 0 0 139046 249150 68558973 25405667 120561 166633 68818580 25821450 25000 10000 0 0 0 0 0 0 0 3074210 2559536 3099210 2569536 65719370 23251914 684894514 769226271 3836847 4188125 681057667 765038146 X St. George Corporation's purpose is to solicit and receive contributions on behalf of Palos Community Hospital (Palos), support educational activities related to rendering health care services, promote scientific research relating to the care of the sick, and to support the Hospital and its respective purposes. 0 0 265120 10000 249150 St. George Corporation is a supporting organization of the Palos Health System, which includes Palos Community Hospital an IRC Section 501(c)(3) Organization.During 2017, the organization supported by St. George Corporation provided service for 20,000 inpatients and 190,000 outpatients at Palos. Home Health operations provided 148,000 visits to patients in their homes and the doctors at Palos Medical Group provided 133,000 office visits.St. George Corporation committed resources to the formation of Chicago Health Colleagues (CHC), a physician led, clinically integrated network (CIN) in 2015. There are currently about 420 members representing over 90 practices and about 45 specialties, working together with Palos to improve quality, cost and effectiveness of health care services. As hospitals continue to be held more accountable for patient outcomes and cost, CHC is prepared for new value based care and accountability through the use of proven clinical protocols, measures and analytics to demonstrate improved patient care, decreased cost and increased efficiency. The technology and analytics to support clinical integration and population health enables robust data analytics and information sharing even with independent physicians across disparate computer systems. Chicago Health Colleagues has contracts with new and existing payors in the market including large payors for performance based shared savings contracts that offer incentives for the hospital and CHC members working together to improve quality, care coordination and efficiency of care.A land exchange agreement between the St. George Corporation, St. George Wellness Center and the Village of Orland Park was entered into on July 18, 2016 and executed on January 3, 2017. Pursuant to this agreement property (owned by the St. George Corporation), and its improvements - St. George Wellness Center facility, also known as The Palos Health and Fitness Center, and its associated personal property were exchanged for 6.74 acres of vacant property owned by the Village of Orland Park which will be used for further development. This land exchange agreement was noted to be of great benefit to the Village of Orland Park as it allows for the continued operation of and access to the health and fitness center facility for members and the community at large. 265120 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 1 1 IL X Roger Russell 7089234000 12251 S 80th Avenue Palos Heights IL 604630930 Lawrence Hunt Chairman 2.00 2.00 X X 0 0 0 Jason Ley Vice Chairman 1.00 2.00 X X 0 0 0 Dr Terrence Moisan President & CEO 10.00 41.00 X X 0 814328 111055 Fr Patrick O'Neill Director 1.00 1.00 X 0 0 0 Edward Mulcahy Director 1.00 2.00 X 0 0 0 Dr Vincent Muscarello Director 1.00 X 0 0 0 Dr Charles Polcaster Director (Thru 9/20/17) 1.00 2.00 X 0 0 0 Dr Mark Sinibaldi Director 1.00 42.00 X 0 326846 50501 Jack Vainauskas Director 1.00 2.00 X 0 0 0 Roger A Russell Treasurer 10.00 40.00 X 0 310556 55780 Don Dixon Secretary (As of 4/5/17) 10.00 40.00 X 0 346368 41116 Barbara J Medley Assistant Secretary 1.00 40.00 X 0 86302 15360 Charles E Reiter III Former Secretary 0.00 X 0 599514 5114 0 2483914 278926 0 1 1 0 Western Asset Management Company 385 E Colorado Blvd Pasadena CA 91101 Investment Management 327660 Southeastern Asset Management Inc 6410 Poplar Ave Ste 900 Memphis TN 38119 Investment Management 321765 JP Morgan Asset Management Inc PO Box 27169 New York NY 10087 Investment Management 319931 Select Equity Group LP 380 Lafayette St 6th Fl New York NY 10003 Investment Management 242129 Schroders Investment Management Inc 7 Bryant Park 21st Fl New York NY 10018 Investment Management 241165 7 Outpatient Surgicenter 621400 249150 249150 249150 16749844 16749844 477355 310722 166633 166633 166633 594499427 585843604 8655823 8655823 8655823 25821450 249150 0 25572300 10000 10000 172000 12000 160000 1757996 1757996 186940 186940 243120 243120 199480 199480 2569536 265120 2304416 0 500 500 365916 25151 6114187 1936757 4154099 4177430 676440768 761638302 1154084 1184356 2779147 2200532 684894514 769226271 750962 968609 3085885 3219516 3836847 4188125 X 681057667 765038146 681057667 765038146 684894514 769226271 X 23251914 61219870 -491305 X 0 1 X 1 0 X X 2 Palos Commmunity Hospital 362169179 3 1 0 0 St George Wellness Center 364383845 10 1 0 0 2 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1399236 1399236 4522816 1936757 2586059 192135 192135 4177430 Due to Affiliated Organizations 3219516 3219516 X Part X, Line 2: St. George has received a determination letter from the Internal Revenue Service stating that it is exempt from the payment of income taxes under Section 501(c)(3) of the Internal Revenue Code. Accordingly, income taxes are not provided for in the accompanying consolidated financial statements. The Corporation adopted the FASB-issued guidance for accounting for uncertainty in income taxes on January 1, 2007. St. George files Form 990 (Return of Organization Exempt from Income Tax) annually. When these returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would ultimately be sustained. Examples of tax positions common to health systems include such matters as the following: the tax exempt status of each entity, the continued tax exempt status of bonds issued by the obligated group, the nature, characterization and taxability of joint venture income and various positions relative to potential sources of unrelated business taxable income (UBTI). UBTI is reported on Form 990-T, as appropriate. The benefit of a tax position is recognized in the consolidated financial statements in the period during which, based on all available evidence, management believes that it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions are not offset or aggregated with other positions. Tax positions that meet the "more-likely-than-not" recognition threshold are measured as the largest amount of tax benefit that is more than 50 percent likely to be realized on settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above is reflected as a liability for unrecognized tax benefits in the accompanying consolidated balance sheets along with any associated interest and penalties that would be payable to the taxing authorities upon examination. Upon the adoption of the FASB-issued guidance at January 1, 2007, and since that date through December 31, 2017, there were no unrecognized tax benefits identified and recorded as a liability. Forms 990 filed by St. George are subject to examination by the Internal Revenue Service (IRS) up to three years from the extended due date of each return. Forms 990 filed by St. George are no longer subject to examination for the years 2013 and prior. 1 BraveHearts Therapeutic Riding & Educational Center 3011 Sunnyside Avenue Brookfield IL 60513 320034746 501(c)(3) 10000 Support of general operations 1 0 Part I, Line 2: The procedure for monitoring the use of grant funds includes a review of actual costs to budgeted costs in comparison to actual revenues received for the grant program, management of budget revisions as necessary, ongoing correspondence with the grantor and adherence to compliance to restrictions. 1 1 0 0 0 0 0 0 0 Dr Terrence Moisan President & CEO 0 718236 0 0 0 96092 0 88201 0 22854 0 925383 0 67951 Dr Mark Sinibaldi Director 0 326098 0 748 0 0 0 28000 0 22501 0 377347 0 0 Roger A Russell Treasurer 0 290539 0 0 0 20017 0 31501 0 24279 0 366336 0 2017 Don Dixon Secretary (As of 4/5/17) 0 307473 0 0 0 38895 0 30895 0 10221 0 387484 0 20895 Charles E Reiter III Former Secretary 0 73257 0 0 0 526257 0 0 0 5114 0 604628 0 0 Part I, Line 3 Officers are compensated through a related entity, Palos Community Hospital (Palos). Palos engaged an independent consultant to complete a market analysis of executive positions. The market analysis included base rates, bonuses and benefits resulting in a total remuneration benchmark. They compared Palos executives to executives in organizations of similar size and with similar characteristics. The consultants presented their report and findings to the Compensation Committee of the Board. The independent members of the Compensation Committee approved compensation and this approval was documented in the minutes at the time of approval. Part I, Lines 4a-b Charles E. Reiter, III received a severance payment of $442,320 during 2017. The following individuals participate in a 457(f) plan and the amounts are the contributions to each plan during 2017: Dr. Terrence Moisan - $67,951 Roger A. Russell - $26,049 Dr. Mark Sinibaldi - $7,750 Don Dixon - $14,380 The following individuals report amounts vested under a 457(f) plan on Part II, column B(iii). Dr. Terrence Moisan - $78,592 Roger Russell - $2,017 Don Dixon - $20,895 The following individual participates in a 457(f) plan and the amount is the distribution from the plan during 2017: Charles E. Reiter, III - $82,857 Form 990, Page 1, Box B: St. George Corporation is amending Form 990 for the following information: - Compensation on Part VII, Section A, Column (D) corrected to agree to 2017 Forms W-2C, Corrected Wages and Tax Statements. - Schedule J, Part II, Columns (B)(iii) and (F) report amounts vested under a 457(f) nonqualified retirement plan. - Schedule J, Part III reports names of listed persons and amounts vested. Form 990, Part VI, Section B, line 11b Senior management reviewed the Form 990 that was prepared by our tax advisors with the information we provided to them. Once reviewed by senior management it was made available to our Board prior to filing. Form 990, Part VI, Section B, line 12c On an annual basis, directors, key personnel (VP, department heads (budget administrators)), and all purchasing staff must complete a Conflict of Interest Form disclosing any conflict of interest that may exist or be perceived to exist between themselves and/or family members and vendors, contractors and others with whom Palos has a contract/transaction agreement. Annual disclosure statements of key personnel are reviewed by the VP of Human Resources. Any issue identified as part of this annual disclosure is referred to the Compliance Officer, in consultation with General Counsel, for disposition. The full Board reviewed the disclosure statement of each Director that identified an interest. Form 990, Part VI, Section B, line 15 Officers are compensated through a related entity, Palos Community Hospital (Palos). Palos engaged an independent consultant to complete a market analysis of executive positions. The market analysis included base rates, bonuses and benefits resulting in a total remuneration benchmark. They compared Palos executives to executives in organizations of similar size and with similar characteristics. The consultants presented their report and findings to the Compensation Committee of the Board. The independent members of the Compensation Committee approved compensation and this approval was documented in the minutes at the time of approval. Form 990, Part VI, Section C, line 19 All policies, governing documents and financial statements required to be available to the public are available upon request. Requests can be made from the Finance Department of Palos Community Hospital. Documents are available for the same period of disclosure as set forth in IRC Section 6104(d). Form 990, Part XI, line 9: Net Asset Transfer from Palos Community Hospital 7,803. Intercompany Balance Write Off -499,108. Sigma PSO LLC 12251 S 80th Avenue Palos Heights IL 60463 Health Care IL 0 0 St George Corporation Palos Community Hospital 12251 S 80th Avenue Palos Heights IL 60463 362169179 Hospital IL 501(c)(3) Line 3 St George Corporation 1 St George Wellness Center 12251 S 80th Avenue Palos Heights IL 60463 364383845 Fitness Center IL 501(c)(3) Line 10 St George Corporation 1 South Campus Partners Inc 15300 West Avenue Orland Park IL 60462 320517854 Health Care IL 501(c)(3) Line 3 Palos Community Hospital 0 St George Assurance LTD PO Box 1159 878 W Bay Rd Grand Cayman CJ KY1-1102 981313176 Captive Insurance CJ N/A C 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 Palos Community Hospital P 408874 FMV Palos Community Hospital S 7803 FMV